AggieDave 6 #26 August 9, 2011 Quote Looks like things are getting worse and worse. Called my stockbroker and asked what I should get into with the current projection. He said if Obama gets re-elected, canned goods and ammo! --"When I die, may I be surrounded by scattered chrome and burning gasoline." Quote Share this post Link to post Share on other sites
Rstanley0312 1 #27 August 9, 2011 QuoteQuoteS&P down another 1.6% in after hours. Wow. Asia down >5% at the open. The sell off will continue.... as I said months ago... the market could not hold its gains.Life is all about ass....either you're kicking it, kissing it, working it off, or trying to get a piece of it. Muff Brother #4382 Dudeist Skydiver #000 www.fundraiseadventure.com Quote Share this post Link to post Share on other sites
devildog 0 #28 August 9, 2011 QuoteQuoteQuoteQuoteS&P down another 1.6% in after hours. Wow. Asia down >5% at the open. The sell off will continue.... as I said months ago... the market could not hold its gains. This is a 'correction' that had to happen for awhile, and this too shall pass. Stocks are going on sale and I plan to participate in the panic fully by being a buyer.Oh yeah, absolutely. There were steals to be had all through '09.You stop breathing for a few minutes and everyone jumps to conclusions. Quote Share this post Link to post Share on other sites
lawrocket 3 #29 August 9, 2011 Quote Stocks are going on sale and I plan to participate in the panic fully by being a buyer. Better watch out! There are people who would say that you are evil and must be made to suffer! My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
Rstanley0312 1 #30 August 9, 2011 Quote Quote Quote Quote S&P down another 1.6% in after hours. Wow. Asia down >5% at the open. The sell off will continue.... as I said months ago... the market could not hold its gains. This is a 'correction' that had to happen for awhile, and this too shall pass. Stocks are going on sale and I plan to participate in the panic fully by being a buyer. I agree 100%! I'm a buyer too! The correction did need to happen... Let's see what the FED says today. Edited to add ... futures look good today.Life is all about ass....either you're kicking it, kissing it, working it off, or trying to get a piece of it. Muff Brother #4382 Dudeist Skydiver #000 www.fundraiseadventure.com Quote Share this post Link to post Share on other sites
dreamdancer 0 #31 August 9, 2011 the market's recovered for now because it thinks that a ton of money is going to be given to it through another round of quantitative easing... yummy - more welfare for the rich stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
weekender 0 #32 August 9, 2011 Quote the market's recovered for now because it thinks that a ton of money is going to be given to it through another round of quantitative easing... yummy - more welfare for the rich the largest institutional funds are the state teachers and state employee funds. right behind them are the massive brand name mutual funds that cater exclusively to the retail public. normal people."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
DougH 270 #33 August 9, 2011 You better cut that facts and logic bullshit right now."The restraining order says you're only allowed to touch me in freefall" =P Quote Share this post Link to post Share on other sites
dreamdancer 0 #34 August 9, 2011 quantitative easing - socialism for the rich...stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
devildog 0 #35 August 9, 2011 Quote Quote Quote Quote Quote Quote S&P down another 1.6% in after hours. Wow. Asia down >5% at the open. The sell off will continue.... as I said months ago... the market could not hold its gains. This is a 'correction' that had to happen for awhile, and this too shall pass. Stocks are going on sale and I plan to participate in the panic fully by being a buyer. I agree 100%! I'm a buyer too! The correction did need to happen... Let's see what the FED says today. Edited to add ... futures look good today. Nice bounce today. Might be time to move a portion back into mutuals at the close and see if its a dead cat tomorrow. -83 right now. Was -100. Bounce was short lived. It'll probably level out today, and I'd wager a drop tomorrow as well. There's no real reason it to go up and stay up atm.You stop breathing for a few minutes and everyone jumps to conclusions. Quote Share this post Link to post Share on other sites
weekender 0 #36 August 9, 2011 Quotequantitative easing - socialism for the rich... Only the rich benefit from the stock market? Like all those rich public employee's? I am embarrassed for you. your last few comments have proven you lack the part of your brain that enables you to be."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
dreamdancer 0 #37 August 9, 2011 Quote Quote quantitative easing - socialism for the rich... Only the rich benefit from the stock market? they benefit the most of course stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
lawrocket 3 #38 August 9, 2011 Yep. We've seen the market tank most at the end of the day recently. And retirements? Anyone following the Pension Benefit Guaranty Corporation for the last few years has seen what happens. Pension plans get bailed out by it if they act like idiots. Too many pension plans acted like idiots and are therefore being bailed out. So, the Pension Benefit Guaranty Corporation is running low on money. Not the "defined benefit plans" but rather the ones that are controlled by unions. So the PBGC has been bailing them out, and will need to be bailed out, too. It's what happens when pension plans are underfunded. The PBGC bails them out. half the states have underfunded pensions. Unions and collective bargaining agreements? Underfunded. Bailed out by the PBGC. Then the PBGC bailed out by the taxpayers. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
kelpdiver 2 #39 August 9, 2011 QuoteYep. We've seen the market tank most at the end of the day recently. not today- surge for blue chips in the past 20 minutes - likely to continue until just before the close. Quote Share this post Link to post Share on other sites
lawrocket 3 #40 August 9, 2011 Dayum! A 500 point jump in the last hour to +379 My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
lawrocket 3 #41 August 9, 2011 QuoteOnly the rich benefit from the stock market? they benefit the most of course So, then, you retract all your statements about how great corporations are doing since the market tanked in 2008? Make up your mind. Does a bearish market help corporations or does a bullish market help corporations? My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
Andy9o8 2 #42 August 9, 2011 QuoteDayum! A 500 point jump in the last hour to +379 I logged on at 2:30 pm EDT and the CNN.com headline was "Stocks Plummet!!". Now, just 2.5 hrs later, the headline is "Stocks Soar!!". Fuck this already. Wake me in a month, and then I'll look at where the prices are. Quote Share this post Link to post Share on other sites
devildog 0 #43 August 9, 2011 QuoteProbably just a flurry of last-minute buy orders coming off the sidelines to take advantage of the overall drop. We'll see what the after-hours and futures do.Feds announced interest rates would stay the same for 2 more years which is what triggered it. Whether or not those gains will stay, we'll see "soon". I wouldn't be surprised at all if this afternoon's jump is quickly sold off tomorrow morning.You stop breathing for a few minutes and everyone jumps to conclusions. Quote Share this post Link to post Share on other sites
lawrocket 3 #44 August 10, 2011 The Dow fell another 520 points today. The Dow, S&P 500 and Nasdaq all lost in the 4% range. We now have seen the 6th, 9th and 11th largest Dow Jones declines in history in the last four days of trading. It's lost two thousand points since mid-July and where is was in September, 2010. I am myself a bit stumped by it. Mainly the volatility and fluctuations of 400 or 500 points in a day. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
kallend 2,129 #45 August 10, 2011 QuoteThe Dow fell another 520 points today. The Dow, S&P 500 and Nasdaq all lost in the 4% range. We now have seen the 6th, 9th and 11th largest Dow Jones declines in history in the last four days of trading. It's lost two thousand points since mid-July and where is was in September, 2010. I am myself a bit stumped by it. Mainly the volatility and fluctuations of 400 or 500 points in a day. Seems to be French banks now. i hate the French (and traffic lights).... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
devildog 0 #46 August 10, 2011 QuoteThe Dow fell another 520 points today. The Dow, S&P 500 and Nasdaq all lost in the 4% range. We now have seen the 6th, 9th and 11th largest Dow Jones declines in history in the last four days of trading. It's lost two thousand points since mid-July and where is was in September, 2010. I am myself a bit stumped by it. Mainly the volatility and fluctuations of 400 or 500 points in a day.Such things usually end down, not up. We're not that far from being under 10k, which will make people in general panicky, I wager, as that's one of those magic numbers. OMG! We dipped under 10k! Sell!You stop breathing for a few minutes and everyone jumps to conclusions. Quote Share this post Link to post Share on other sites
lawrocket 3 #47 August 10, 2011 You wrote last ThursdayQuote "For the year to date: The Dow is down 193.83, or 1.7 percent. The S&P is down 57.57, or 4.6 percent. The Nasdaq is down 96.48, or 3.6 percent." Markets definitely took a thumping today. Here's the update: QuoteFor the year to date: The Dow is down 857.57, or 7.4 percent. The S&P is down 136.88, or 10.9 percent. The Nasdaq is down 271.82,or 10.2 percent. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
mnealtx 0 #48 August 10, 2011 Ouch.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
kelpdiver 2 #49 August 10, 2011 QuoteThe Dow fell another 520 points today. The Dow, S&P 500 and Nasdaq all lost in the 4% range. no kidding - so what the hell was that hour of the bull yesterday? Maybe the bears were taking a brief nap after feasting for a few days. They still seem hungry and mad. Quote Share this post Link to post Share on other sites
devildog 0 #50 August 10, 2011 QuoteQuoteThe Dow fell another 520 points today. The Dow, S&P 500 and Nasdaq all lost in the 4% range. no kidding - so what the hell was that hour of the bull yesterday? Maybe the bears were taking a brief nap after feasting for a few days. They still seem hungry and mad. It was a reaction to the announcement that interest rates being kept the same for 2 years. Then today, people sold their brief winnings, and everyone else realized the economy is still going to be slow, and spending is still out of control, and there was no reason to be excited about the near future.You stop breathing for a few minutes and everyone jumps to conclusions. Quote Share this post Link to post Share on other sites
